Ballast Point Ventures

Ballast Point Ventures is a venture capital firm established in 2001 and based in Tampa, Florida. The firm focuses on investing in growth-stage, privately owned companies, particularly in the Southeast and Texas, which are known for their favorable business environments and robust entrepreneurial ecosystems. With $360 million under management, Ballast Point Ventures emphasizes sectors such as healthcare, technology-enabled business services, consumer products, and software. The firm aims to partner with experienced entrepreneurs, providing both financial support and strategic guidance while maintaining a preference for minority ownership stakes rather than control positions. Ballast Point Ventures leverages its extensive regional knowledge and long-term relationships to add value to its portfolio companies, helping them achieve sustainable growth and attractive returns.

Sean Barkman

Partner

Dick Brandewie

Co-Founder

Robert Faber

Principal

O. Gene Gabbard

Venture Partner

Drew Graham

Co-Founder and Managing General Partner

Paul Johan

Founder and Partner

Matt Rice

Partner

47 past transactions

Work Shield

Series A in 2023
Work Shield is a full-service independent solution for reporting, investigating, and resolving harassment and discrimination in the workplace.

Uplift

Series A in 2023
UpLift wants to create a future in which a main mental health practitioner is the new standard by providing everyone with access to affordable care.

Viirtue

Series A in 2023
Viirtue is a channel-driven provider of Unified Communications as a Service (UCaaS) that serves over 140,000 users and more than 7,000 businesses throughout the United States and Canada. The company offers an innovative platform known as ViiBE, which digitizes the customer journey for local cloud service providers, streamlining processes from quotation to payment. This digital enablement allows partners to enhance their competitive edge in the market. Viirtue's platform includes a suite of communications applications designed to improve productivity, featuring tools such as automated attendants, call centers, mobile twinning, web portal chat, conference bridges, and voicemail-to-email services. This comprehensive offering enables clients to deliver efficient cloud-based VoIP solutions effectively.

Sojo

Series A in 2023
Sojo is a tech-enabled in-home accommodations platform for the short-term rental industry. Sojo helps hosts simplify operations. Sojo uses technology to automate and streamline turn-day amenities for the vacation rental industry. Travelers are trusting them with their time, money, and memories. They focus on service, guests, and growth. Inventory should mean homes, not soaps and sundries.

careviso

Series B in 2022
Careviso is a technology healthcare company focused on simplifying patient access to molecular diagnostics. Founded in 2017 and headquartered in Falls Church, Virginia, it offers an online platform that manages the prior authorization process for genetic testing on behalf of physicians. By integrating expertise in laboratory services, technology solutions, and HUB services, Careviso aims to improve patient access to diagnostic testing. The platform is designed to ensure secure, HIPAA-compliant transactions while navigating the complexities of interactions among payors, healthcare providers, and laboratories. Through its sustainable solutions, Careviso seeks to remove barriers that hinder patient care, thereby streamlining administrative tasks for healthcare organizations.

Keen Decision Systems

Series B in 2022
Keen Decision Systems, LLC is a software developer based in Durham, North Carolina, specializing in marketing measurement and optimization platforms. Founded in 2010, the company offers a software-as-a-service solution that empowers marketers to make informed, data-driven decisions. Its technology provides real-time insights into the financial contributions of various marketing channels, enabling users to maximize profitability and revenue while effectively managing their marketing investments. By helping marketers understand when to allocate or withdraw spending, Keen Decision Systems supports businesses in adapting to market changes and strategizing future actions.

Symphonic Distribution

Series B in 2022
Symphonic Distribution is an independent music distribution and marketing company founded in 2006 by music producer Jorge Brea. Based in Tampa, Florida, with offices in key music markets globally, the company offers digital music distribution services to a diverse range of clients, including record labels, managers, and individual artists. Symphonic's platform enables the distribution of music to numerous retail and streaming platforms while providing additional services such as playlist pitching, release promotion, and royalty management. The company has worked with a variety of notable artists and labels across different genres, helping them enhance their reach and visibility in the digital music landscape.

Key Data Dashboard™

Series B in 2021
Key Data is the most trusted data and insights platform for professional lodging operators. Key Data’s ProData product is designed to save lodging teams hours of aggregating data sources by seamlessly providing one trusted place for real-time data-driven decision making thanks to direct integrations with reservation systems. Over 1,600 professional lodging teams around the globe are using Key Data’s expanding portfolio of business intelligence and comparative data products to save time, increase revenue & beat their competition. Key Data also provides a market intelligence and comparative data platform for tourism organizations and investment funds. Key Data Dashboard, formerly known as VRM Dashboard announced a $2.4 million Series A round led by leading vacation rental companies and investors specializing in early-stage ventures.

Pace mate

Series A in 2021
PaceMate is one of the fastest-growing cardiac rhythm management software and remote monitoring companies. PaceMateLIVE, the company's flagship remote monitoring software platform, combines the most technologically advanced cloud-native software, research-grade data, and seamless integrations, allowing many of the nation's most renowned electrophysiologists, device clinics, and healthcare systems to effectively manage their device patient populations.

Carterra

Venture Round in 2020
Carterra provides biotechnology solutions that develop and commercialize novel micro-array deposition technologies. The company provides users with instruments and services, which enable multiplexing on planar array surfaces. It also offers Continuous Flow Microspotter (CFM), which includes an array printing instrument and a microfluidic print head. Its products include spot CFM printhead, which uses a network of microchannels to deposit samples at one time in a block; and CFM instrument, which uses built-in sensors and pumps to control the flow within the CFM print head. It was founded in 2005 and headquartered in Salt Lake City, Utah.

The Zebra

Series C in 2020
The Zebra is an online insurance comparison marketplace that simplifies the process of finding and purchasing various types of insurance, including car and home coverage. It provides consumers with personalized quotes and educational resources to help them understand their options and make informed decisions. By allowing users to input their information, The Zebra matches them with suitable insurance providers, facilitating connections between consumers and insurers in the digital space. This approach enables users to find competitive rates and coverage that align with their specific needs, ultimately aiming to save them money on insurance.

Carterra

Venture Round in 2020
Carterra provides biotechnology solutions that develop and commercialize novel micro-array deposition technologies. The company provides users with instruments and services, which enable multiplexing on planar array surfaces. It also offers Continuous Flow Microspotter (CFM), which includes an array printing instrument and a microfluidic print head. Its products include spot CFM printhead, which uses a network of microchannels to deposit samples at one time in a block; and CFM instrument, which uses built-in sensors and pumps to control the flow within the CFM print head. It was founded in 2005 and headquartered in Salt Lake City, Utah.

Abacode

Series A in 2020
Abacode, Inc. is a managed cybersecurity and compliance service provider based in Tampa, Florida, with an additional office in London, United Kingdom. Founded in 2014, the company serves a diverse range of industries, including banking, healthcare, legal, technology, and government. Abacode differentiates itself by prioritizing business strategy over technology, allowing organizations to make informed decisions that enhance their overall risk management. The company's offerings include assessment and advisory services, managed detection and response, breach response, and compliance readiness, among others. By providing small and medium enterprises with a comprehensive suite of cybersecurity and compliance solutions, Abacode helps clients mitigate modern cyber threats while ensuring adherence to regulatory requirements, thereby reducing operational costs and improving efficiency.

SPOTIO

Series A in 2020
Spotio, Inc. is a Texas-based company that develops a customer relationship management software platform tailored for door-to-door and business-to-business sales teams. Founded in 2014, the platform offers a range of features including sales intelligence, lead management, appointment setting, and territory management, all designed to enhance the productivity of outside sales representatives. Spotio's software also facilitates customer mapping, e-contracts, team communication, and sales tracking, allowing teams to manage their pipelines effectively from mobile devices. The platform serves various industries, including solar, telecommunications, healthcare, and home improvement, by transforming field data into actionable insights that help organizations increase revenue and achieve their sales objectives.

BioTissue

Series C in 2019
BioTissue is a technology company focused on developing medical solutions using human amniotic and umbilical cord tissues. Founded in 2001 and based in Miami, Florida, the company offers a platform that processes placental tissue to maintain its biological and structural integrity. This innovative approach provides healthcare professionals with products that possess anti-inflammatory, anti-scarring, and anti-angiogenesis properties, enhancing regenerative healing in various medical fields such as eye care, wound care, and orthopedics. By addressing unmet clinical needs, BioTissue aims to improve patient healing outcomes through its advanced regenerative medicine solutions.

SkuVault

Series A in 2019
SkuVault is a cloud-based inventory management system and warehouse management software. Acquiring and maintaining accurate inventory quantities is a problem common to most all retailers – from overselling (aka out of stocks), mis-picks, and mis-ships, to forgotten stock sitting on a shelf, not even listed for sale. Our system, SkuVault, helps to greatly reduce those inventory issues, and many other problems retailers face. SkuVault deals with your actual, physical inventory, scanned into and out of your warehouse or store, and then uses this real time data to sync to your online marketplaces such as Amazon, eBay, Shopify, etc.

Symphonic Distribution

Venture Round in 2017
Symphonic Distribution is an independent music distribution and marketing company founded in 2006 by music producer Jorge Brea. Based in Tampa, Florida, with offices in key music markets globally, the company offers digital music distribution services to a diverse range of clients, including record labels, managers, and individual artists. Symphonic's platform enables the distribution of music to numerous retail and streaming platforms while providing additional services such as playlist pitching, release promotion, and royalty management. The company has worked with a variety of notable artists and labels across different genres, helping them enhance their reach and visibility in the digital music landscape.

Intelligent Retinal Imaging Systems

Series B in 2017
IRIS preventative screening for Diabetic Retinopathy is as simple and quick as taking a patient's blood pressure or stepping on a scale, and can be just as helpful to physicians in helping to detect eye disease or other disorders. The retina is a window into the body. Minute changes in the blood vessels of the retina can be early indicators of issues elsewhere.

Iconixx

Venture Round in 2017
Iconixx is a provider of sales compensation software designed for compensation management. Its cloud-based solutions deliver incentives to the entire workforce for businesses of all sizes. It enables organizations to increase sales productivity and improve overall profitability by automating, analyzing, and optimizing commission and incentive processes with flexibility and ease. It was founded in 2010 and is headquartered in Austin, Texas.

TicketBiscuit

Venture Round in 2016
TicketBiscuit, LLC is an online ticketing company based in Birmingham, Alabama, established in 2001. It specializes in providing a comprehensive suite of ticketing solutions to a variety of clients, including event organizers, music venues, casinos, festivals, tour operators, and comedy clubs across the United States and Canada. The company offers a proprietary web-based event management system that enables small and midsize venues to sell tickets directly through their own websites, social media, call centers, and its own web-based box office interface. Positioned as a lower-cost alternative to major ticketing platforms, TicketBiscuit aims to empower its clients with the tools necessary to manage their ticket sales effectively. As of October 2017, TicketBiscuit operates as a subsidiary of Etix, Inc.

Theragen

Venture Round in 2016
Theragen is a medical device company based in Leesburg, Virginia, established in 2014. The company specializes in developing non-invasive therapeutic energy technologies aimed at healing and pain relief. Their primary focus is on creating electrical stimulation therapies for the treatment of osteoarthritis, providing patients with effective and safe solutions to alleviate pain and promote tissue healing. By concentrating on these innovative technologies, Theragen seeks to enhance the quality of life for individuals suffering from various pain conditions.

MeYou Health

Venture Round in 2016
MeYou Health, founded in 2009, is dedicated to transforming traditional health and wellness programs into engaging, digital well-being products that enhance individuals' health and happiness. Its digital wellness platform offers a variety of health programs aimed at encouraging healthier lifestyle choices, such as increased physical activity, improved nutrition, and smoking cessation. By implementing an “open social” model, MeYou Health allows participants to engage with their social networks, enhancing the effectiveness of its interventions regardless of health insurance coverage. The company has achieved significant outcomes, with a reported 60% member engagement rate after 12 months, supported by evidence from randomized control trials and peer-reviewed studies. This approach not only promotes individual well-being but also aids small and midsize businesses in reducing turnover and fostering a more engaged workforce.

PowerChord

Venture Round in 2016
PowerChord specializes in lead distribution and management for businesses reliant on independent dealer networks to market their products or services. Their SaaS platform integrates with various lead-generating channels to efficiently capture and allocate leads to the appropriate dealers within the network. Additionally, PowerChord offers digital brand management services, which include search engine marketing, email marketing, search engine optimization, and digital advertising. Their tools provide clients with insights into marketing performance and customer journeys throughout the sales cycle, ensuring effective lead tracking and maximizing conversion opportunities.

The Zebra

Series A in 2016
The Zebra is an online insurance comparison marketplace that simplifies the process of finding and purchasing various types of insurance, including car and home coverage. It provides consumers with personalized quotes and educational resources to help them understand their options and make informed decisions. By allowing users to input their information, The Zebra matches them with suitable insurance providers, facilitating connections between consumers and insurers in the digital space. This approach enables users to find competitive rates and coverage that align with their specific needs, ultimately aiming to save them money on insurance.

BioTissue

Series B in 2015
BioTissue is a technology company focused on developing medical solutions using human amniotic and umbilical cord tissues. Founded in 2001 and based in Miami, Florida, the company offers a platform that processes placental tissue to maintain its biological and structural integrity. This innovative approach provides healthcare professionals with products that possess anti-inflammatory, anti-scarring, and anti-angiogenesis properties, enhancing regenerative healing in various medical fields such as eye care, wound care, and orthopedics. By addressing unmet clinical needs, BioTissue aims to improve patient healing outcomes through its advanced regenerative medicine solutions.

Iconixx

Venture Round in 2014
Iconixx is a provider of sales compensation software designed for compensation management. Its cloud-based solutions deliver incentives to the entire workforce for businesses of all sizes. It enables organizations to increase sales productivity and improve overall profitability by automating, analyzing, and optimizing commission and incentive processes with flexibility and ease. It was founded in 2010 and is headquartered in Austin, Texas.

y prime

Series A in 2013
Y Prime’s innovative software solutions are bringing a new level of transparency to meet the challenges of today’s increasingly complex and competitive clinical and regulatory environment. Working for industry leaders worldwide, Y Prime harnesses information to help clients effectively plan and manage clinical trials on time and within budget. Presently, software companies are forcing products into a Software as a Service (SaaS) platform, which for clinical research leaves much to be desired in terms of customer support. The Y Prime platform is designed to scale as a SaaS platform but is operated with such high level of interaction that we call it a Software With a Service platform.

Tower Cloud

Venture Round in 2013
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

BioTissue

Series A in 2013
BioTissue is a technology company focused on developing medical solutions using human amniotic and umbilical cord tissues. Founded in 2001 and based in Miami, Florida, the company offers a platform that processes placental tissue to maintain its biological and structural integrity. This innovative approach provides healthcare professionals with products that possess anti-inflammatory, anti-scarring, and anti-angiogenesis properties, enhancing regenerative healing in various medical fields such as eye care, wound care, and orthopedics. By addressing unmet clinical needs, BioTissue aims to improve patient healing outcomes through its advanced regenerative medicine solutions.

Iconixx

Series B in 2012
Iconixx is a provider of sales compensation software designed for compensation management. Its cloud-based solutions deliver incentives to the entire workforce for businesses of all sizes. It enables organizations to increase sales productivity and improve overall profitability by automating, analyzing, and optimizing commission and incentive processes with flexibility and ease. It was founded in 2010 and is headquartered in Austin, Texas.

VAZATA

Venture Round in 2012
VAZATA is an Infrastructure-as-a-Service (IaaS) provider serving Global 1000 businesses, U.S. Federal Government Agencies and Mid-Market Enterprises. The company provides highly secure, stable, and scalable technology solutions that meet the challenges of its global customers using a proprietary cloud architecture called vStructure™.

Tower Cloud

Venture Round in 2012
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

MolecularMD

Series B in 2012
MolecularMD Corporation specializes in developing and commercializing molecular diagnostics tailored for oncology applications. The company's tests facilitate the selection, monitoring, and management of patients undergoing treatment with targeted cancer therapies. By employing both established and innovative technologies, MolecularMD provides highly sensitive and standardized results that assist in clinical development, regulatory approval, and the commercialization of new cancer treatments. Additionally, the company streamlines the co-development and market introduction of molecular diagnostic tests, offering services that include clinical trial design, regulatory planning, clinical assay validation, and FDA submission. Based in Portland, Oregon, MolecularMD was founded by Brian Druker and Sheridan G. Snyder, both prominent figures in the fields of cancer research and biotechnology.

Tower Cloud

Venture Round in 2011
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

Watermark Medical

Series B in 2010
Watermark Medical specializes in providing solutions for diagnosing and treating sleep breathing disorders, particularly obstructive sleep apnea (OSA). The company offers the Apnea Risk Evaluation System (ARES), which combines in-home physiological data with clinical history and anthropomorphic information to assess the presence and severity of OSA. Additionally, Watermark Medical provides the ARES Unicorder, a wireless sleep-wearable device that records various physiological metrics, and the ARES Screener, a tool for predicting OSA risk. These products are marketed to physicians, dental professionals, and sleep clinics through a network of sales representatives and distributors in the United States. Founded in 2008 and initially based in Boca Raton, Florida, the company later moved to West Palm Beach, Florida. As of 2013, Watermark Medical is a subsidiary of SleepMed Incorporated.

VAZATA

Venture Round in 2009
VAZATA is an Infrastructure-as-a-Service (IaaS) provider serving Global 1000 businesses, U.S. Federal Government Agencies and Mid-Market Enterprises. The company provides highly secure, stable, and scalable technology solutions that meet the challenges of its global customers using a proprietary cloud architecture called vStructure™.

Tower Cloud

Venture Round in 2009
Tower Cloud provides telecom backhaul services to wireless carriers. The company builds and operates fiber optic and wireless networks to connect cellular towers to the wireless carriers' mobile switching centers. Wireless carriers utilize Ethernet and Sonet T-1 broadband capacity provided by Tower Cloud to manage the exploding volume of voice and data traffic on their cellular networks. Tower Cloud currently operates backhaul networks in the greater Orlando, FL and Miami, FL markets and is in the process of constructing a new network in Atlanta, GA. The company was founded in 2006 and is headquartered in St. Petersburg, FL.

MolecularMD

Series A in 2009
MolecularMD Corporation specializes in developing and commercializing molecular diagnostics tailored for oncology applications. The company's tests facilitate the selection, monitoring, and management of patients undergoing treatment with targeted cancer therapies. By employing both established and innovative technologies, MolecularMD provides highly sensitive and standardized results that assist in clinical development, regulatory approval, and the commercialization of new cancer treatments. Additionally, the company streamlines the co-development and market introduction of molecular diagnostic tests, offering services that include clinical trial design, regulatory planning, clinical assay validation, and FDA submission. Based in Portland, Oregon, MolecularMD was founded by Brian Druker and Sheridan G. Snyder, both prominent figures in the fields of cancer research and biotechnology.

Lifestyle Fitness

Venture Round in 2004
A St. Petersburg, Fla.-based owner and operator of fitness clubs in the Florida market

ITC Financial Services

Venture Round in 2004
ITC Financial Services LLC, a financial services company, provides electronic cash solutions.

PDSHeart

Venture Round in 2003
PDSHeart is a telephonic monitoring company that provides cardiac monitoring technology and services to patients and the telephonic monitoring market in the United States. It offers Dual Alert Afib monitor to capture specific events on patients to cardiologists and electrophysiologists; Looping Multi-Event monitor, which records long term looping memory cardiac events to increase diagnostic yield for transient symptoms of a cardiac arrhythmia; and WebHolter, a web-based digital holter monitoring system. The company also provides Thumb One, a non-looping thumb plate monitor that allows the patient to make a recording by grasping the monitor and placing thumb on the monitor; and Non-Looping Chest Plate, which provides real time recordings for patients who experience transient symptoms of a cardiac arrhythmia, including shortness of breath, dizziness, and palpitations. In addition, it offers Digital Holter System, a monitoring system that provides a patient event button, which has multiple symptoms and activities that can be selected by the patient for report. Further, PDSHeart supplies various holter supplies, which include batteries, electrodes, razors, and alcohol wipes; and upgrades equipment, as well as holter monitoring and pacemaker monitoring services. It offers remote and ambulatory care monitoring of asymptomatic and symptomatic arrhythmia detection through landline, cellular telephone, and the Internet. PDSHeart was founded by Sean Heyniger in 1995 and is headquartered in West Palm Beach, Florida with an additional office in Conyers, Georgia.

Gun.io

Gun.io is a software development platform that specializes in connecting fast-growing companies with high-quality independent developers. It offers a robust network that can accommodate a range of software projects, from short-term engagements with senior engineers to long-term collaborations involving entire engineering teams. By utilizing technology to streamline the product development workflow, Gun.io provides features such as reference checks, technical assessments for freelancers, and budget evaluations for companies. This approach allows businesses to confidently build custom engineering teams while ensuring that freelancers are protected from payment issues. Additionally, Gun.io facilitates connections for open-source developers, enabling them to find various opportunities, including full-time, part-time, contract, or freelance-to-hire positions.
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